Russia

FAS: growth in duties on petrol not to destabilize market

Increase in excise duties on petrol and VAT will have an impact on fuel prices, but the market will remain stable.

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KuibyshevAzot increases share in joint-stock enterprise Granifert to 100%

KuibyshevAzot increased its share in the joint venture Granifert to 100%. According to company materials the deal was completed on August 6, 2018.

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The second line of Turkish Stream to be launched by the end of 2019

The second line of the Turkish Stream gas pipeline, intended for European consumers, will be put into operation by the end of 2019.

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Rosneft expects to build tank battery at Komsomolsk refinery by 2024

Rosneft has intended to build a tank battery on the territory of the Komsomolsk refinery (Khabarovsk territory) for 1.276 billion rubles, the Interfax reports.

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Deliveries of gas from the US to the EU are incomparable with the Russian deliveries

Over two years the USA supplied to Europe 2.8 billion cubic meters.

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In July, Gazpromneft and Russneft restored oil production to level of October 2016

In July 2018, Gazpromneft and Russneft restored oil production to the level of October 2016, which is the basic level in the framework of the agreement between Russia and OPEC to reduce the oil pro

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Rosneft's daily drilling volume reaches record breaking 56 thousand 708 meters

Rosneft set a new record for the industry in daily drilling volume - 56 thousand 708 meters, the company's press service informed.

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Severstal-Metiz produces record volume of high-carbon products

In July, Severstal-Metiz (part of Severstal) produced a record volume of high-carbon products - almost 15 thousand tons.

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USA offers not to enrich Rosatom: new sanctions may limit import of uranium from Russia

The strengthening of anti-Russian sanctions by the United States may affect Rosatom: in the relevant bill, it is proposed to extend the restrictions on the import of low-enriched uranium from the R

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UBS expects Rosneft's dividends for 2018 at 34 rubles per share

Analysts of the Swiss UBS expect that by the results of 2018, Rosneft's dividends will amount to 34 rubles per share, which implies a dividend yield of 8% compared with the average 6% of compet

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